Rishabh Instruments’ Material Subsidiary -- Lumel Spolka Akcyjna’s (Lumel SA) situated in Zielona Gora, Poland has won a project for Co-Financing under Support for Entrepreneurs, SMART Path, call for proposals FENG.01.01-IP.01-001/23, European Funds for the Modern Economy 2021-2027. The execution of this project will be over the course of next two years.
This Co-Financed Project will involve investment in Additional Surface Mount Technology (SMT) Line, Online Automated Optical Inspection (AOI), X-Ray Devices to ensure reliability, quality and miniaturization of SMT Processes involving components like BGA to deliver next generation of Digital Metering Devices. The total cost of the project is Rs 34.24 crore.
Rishabh Instruments is a global energy efficiency solution company focused on electrical automation, metering and measurement, precision engineered products, et al. with diverse applications across industries including power, automotive and industrial sectors.